Case Study: The Bald Tire clarifies information risk management with RiskLens

Understanding the need to move information risk management from art toward science

The Bald Tire case study explains the challenge of moving information risk management from intuition and “best practices” toward a more rigorous, science-based approach. Customer Bald Tire wanted a clearer way to identify threats, vulnerabilities, assets, and actual risk in complex scenarios, and RiskLens is the vendor associated with the FAIR-based framework discussed in the study.

RiskLens addressed this by providing Factor Analysis of Information Risk (FAIR), a taxonomy, measurement method, computational engine, and simulation model for analyzing information risk. The result was a more consistent way to define and quantify risk in terms of probable frequency and magnitude of loss, helping decision-makers understand and communicate risk more accurately. The case study does not cite specific numeric outcomes, but it emphasizes improved clarity, consistency, and credibility in risk analysis.